That moment is not now
Felicity: Now that we are alone, I know this might not exactly be the right time--
Oliver: You understand that I'm going to be punching people in about sixty seconds, right?
Felicity: Yes, but it's been about a week since you decided that you're not giving John the hood back, and I was just wondering when you were planning on talking to him about that.
Oliver: Well, I'm waiting for the right moment. That moment is not now.
Felicity: That's a fair point.